According to the new market research report by IndustryARC titled “Bioethanol Market: By Feedstock (Conventional Feedstock, New Feedstock); By Blend (E10,E15,E25, E30,E40); By Production Technology (Ethanol); By End Use Industry (Aerospace, Automotive, Power Generation, Residential & Commercial Heating, Consumer Products, Pharmaceuticals, Others); By Geography (North America, Europe, APAC and Row) – Forecast Period (2018–2023),” the market is driven by the easy availability of cheap raw materials and economic pretreatment technologies.

North America to Dominate the Bioethanol Industry

North America is expected to dominate the Bioethanol Industry during the forecast period. This is due to the stringent fuel regulations, and the presence of major ethanol producers in the U.S. The technological advancements and the rapid growth of the automotive industry is expected to drive the market in the next seven years. The Latin America Bioethanol Industry has ample opportunities due to the presence of arable land and fertile soil, particularly in Brazil and Columbia. Asia-Pacific will have the fastest growth during the forecast period due to the increase in production capacities in Thailand, India, and China.

Selected Regulatory Analysis Done in the Bioethanol Industry Report

The starch-based feedstock segment is expected to have the largest share in the Bioethanol market in the forecast period. The cellulose-based feedstock segment will have the highest growth due to its abundance and sustainability. By blend, the E10 fuel based segment will have the largest share in the market, while E75 and E85 segments will have the fastest growth due to increasing number of flex-fuel vehicles.

Selected Driving Factors Mentioned in the Bioethanol Industry Report

• The strict environmental regulations stipulated by various governments will propel the Bioethanol market in the forecast period.

• Technological advancements and increased spending on R&D to produce Ethanol from algae will drive the Bioethanol market.

• Volatile petroleum prices globally will propel the growth of the Bioethanol market over the forecast period.

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